Service Robotics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The service robotics are the robots intended to assist humans and perform useful tasks, excluding manufacturing and industrial automation applications. The service robotics operate semi- or fully automatically and are accomplished in performing tedious & dangerous tasks, and offering enhanced efficiency and increased safety. The professional service robots are employed in different industries, including healthcare, agriculture, defense and security, logistics, forestry, construction, and professional cleaning, among others, whereas personal service robots are utilized for domestic and entertainment purposes.

MARKET DYNAMICS

The easy handling of everyday tasks with a high degree of accuracy by these computer-controlled devices and growing instances of assisted living are some of the major factors driving the growth of the service robotics market. However, the high cost of these robots is the major factor that may restrain the growth of the service robotics market. Nevertheless, increasing technological advancement is anticipated to boost the growth of the service robotics market.

MARKET SCOPE

The "Global Service Robotics Market Analysis to 2031" is a specialized and in-depth study of the service robotics market with a special focus on the global market trend analysis. The report aims to provide an overview of service robotics market with detailed market segmentation by type, environment, component, application. The global service robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading service robotics market players and offers key trends and opportunities in the service robotics market.

MARKET SEGMENTATION

The global service robotics market is segmented on the basis of type, environment, component, application. On the basis of type, the market is segmented as professional, personal & domestic. On the basis of environment, the market is segmented as aerial, ground, marine. On the basis of component, the market is segmented as hardware, software. On the basis of application, the market is segmented as domestic, medical, defense, rescue, and security, inspection and maintenance, construction and demolition, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global service robotics market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The service robotics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting service robotics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the service robotics market in these regions.

MARKET PLAYERS

The reports cover key developments in the service robotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from service robotics market are anticipated to lucrative growth opportunities in the future with the rising demand for service robotics market. Below mentioned is the list of few companies engaged in the service robotics market.

The report also includes the profiles of key service robotics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  3DR
  
•  Cyberdyne Inc.
  
•  Daifuku Co., Ltd
  
•  HARVEST CROO
  
•  Intuitive Surgical, Inc.
  
•  iRobot Corporation
  
•  Kongsberg Maritime
  
•  Neato Robotics, Inc.
  
•  Northrop Grumman Corporation
  
•  SoftBank Robotics
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Service Robotics Report Scope